Question: Help | System Announcements ES Multiple Choice Question 64 Which of the following is a true statement about closing the books of a proprietorship? O


Help | System Announcements ES Multiple Choice Question 64 Which of the following is a true statement about closing the books of a proprietorship? O Only revenues are closed to the Income Summary account. O Expenses are closed to the Expense Summary account. Revenues and expenses are closed to the Income Summary account. O Revenues, expenses, and the owner's drawings account are closed to the Income Summary account. Click if you would like to Show Work for this question: Open Show Work SHOW ANSWER LINK TO TEXT Ques dy
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